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Ritchie Bros. buys IronPlanet for US$758.5 million

Michael Allan McCrae | August 29, 2016 | 4:56 pm

Ritchie Bros. (NYSE:RBA) will acquire IronPlanet for US$758.5 million cash. The Burnaby-based industrial auctioneer, which began in Kelowna in 1958, has 110 locations worldwide and a market cap of $3.14 billion. Ritchie Bros. closed the day up 1.51% to $28.89. Ritchie Bros....